Compile and Report Data (information and Document)

The very first step in data analysis is to identify the need for data, followed by developing an ability to capture the right type of data The most difficult step in analysis is often getting sensible data, particularly in the context of your organization s data management strategy

About this Course

The very first step in data analysis is to identify the need for data, followed by developing an ability to capture the right type of data The most difficult
step in analysis is often getting sensible data, particularly in the context of your organization s data management strategy

This course will teach you the best practices to overcome some common obstacles in data capture, collection, and analysis You will also learn strategies to recognize the best types of data to match your needs, look at the various methods to collect primary and secondary data, and also evaluate a range of research techniques

The participants of this program will be introduced to data sources, data models, data management techniques and data ownership, all of which are all essential elements of a data driven organization

Upon completing this Course successfully, participants will be able to:

  • Describe the key economic, psychological and motivational concepts that influence reward
  • Discuss the role of reward strategies and policies in an organization
  • Contribute to the administration of employee reward policies and processes
  • Differentiate between the factors that influence employee satisfaction with the reward system
    Defend the case for non financial rewards in attracting, retaining and motivating people
  • Design a strategic reward plan

A variety of teaching methodologies will be employed These methodologies are designed to engage participants, facilitate active learning, and enable the practical application of concepts
-Mini lectures
-Case Study Analysis
-Group Discussions
-Feedback and Reflection Sessions

DAY 1

BASICS OF INSIGHT GENERATION DIFFERENT DATA SCIENCE FIELDS
Morning Session : Basics of Insight Generation
Data analytics is the new sliced bread
Introduction to data analytics
The importance and impact of data analytics in modern business
Case Study Successful implementation of data analytics in a retail
company
Data value chain
Understanding the data lifecycle collection, processing, analysis, and
presentation
Case Study Data value chain in a logistics company
Tools for generating insights
Overview of tools Excel, SQL, Python, R, Tableau
Hands on Activity Using Excel and SQL for basic data analysis
Business intelligence and data mining
Differences and intersections between BI and data mining
Case Study Data mining techniques in fraud detection

Afternoon Session The Different Data Science Fields
Analysis vs analytics
Defining analysis and analytics, their scope, and applications
Why are there so many data science catchwords?
Understanding the jargon analytics, data science, BI, ML, AI
Introduction to Business Analytics
Fundamentals and applications in decision making
Introduction to Data Analytics
Techniques and tools used in data analytics
Introduction to Data Science
Key concepts, methodologies, and tools
Introduction to Business Intelligence (Machine Learning, Artificial Intelligence)
Overview of BI, ML, and AI
Hands on Activity Simple data analysis with BI tools
BI vs ML vs AI key characteristics and differences
Comparative analysis of BI, ML, and AI
Case Study Application of BI, ML, and AI in healthcare

DAY 2

INTRODUCTION TO DATA AND DATA SCIENCE COMMON
DATA SCIENCE TECHNIQUES
Morning Session : Introduction to Data and Data Science
What is data science?
Definition, scope, and significance
History of data vs information vs data science
Evolution from data collection to data science
What is the purpose of data science fields?
Objectives and outcomes of data science
Why do we need data science disciplines?
The importance of data science in modern business
Case Study Data science in predictive maintenance

Afternoon Session : Common Data Science Techniques
Traditional Data Techniques Real life Examples
Descriptive statistics, regression analysis
Case Study Traditional data analysis in market research
Big Data Techniques Real life Examples
Hadoop, Spark, NoSQL databases
Case Study Big data techniques in social media analysis
Business Intelligence ( Techniques Real life Examples
Dashboards, reporting, data warehousing
Case Study BI in financial reporting
Traditional Methods Techniques Real life Examples
Time series analysis, hypothesis testing
Case Study Traditional methods in quality control
Machine Learning ( Techniques, Types Real life Examples
Supervised, unsupervised, and reinforcement learning
Case Study Machine learning in customer segmentation

DAY 3

COMMON DATA SCIENCE TOOLS BASIC STATISTICS
Morning Session : Common Data Science Tools
All the tools needed in business intelligence analytics and data science
Overview of essential tools Python, R, SQL, Tableau, Power BI
Hands on Activity Introduction to Python and R for data analysis
Data Science Jobs What do they involve and what to look out for?
Roles and responsibilities in data science careers
Interactive Discussion Career paths and job market trends
Dispelling common misconceptions
Addressing myths and misunderstandings about data science
Population vs sample
Understanding the difference and its importance in analysis
Case Study Sampling techniques in survey research

Afternoon Session : Basic Statistics Foundations of Quantitative Insights
Basic statistics
Mean, median, mode, standard deviation, variance
Types of variables
Nominal, ordinal, interval, and ratio scales
Measures of central tendency
Calculation and interpretation
Measures of dispersion
Range, interquartile range, variance, standard deviation
Hands on Activity Statistical analysis using Excel

DAY 4

THE NORMAL DISTRIBUTION AND HISTOGRAMS DATA VISUALIZATION
Morning Session : The Normal Distribution and Histograms
Normal distribution and histograms
Characteristics of normal distribution, creating histograms
The empirical rule
Applying the 68 95 99 7 rule
Covariance and correlation
Understanding and calculating covariance and correlation
Case Study Correlation analysis in investment portfolios

Afternoon Session : Data Visualization
Data visualization and Anscombe s Quartet
Importance of visualization, lesson from Anscombe s Quartet
Data Cleaning using Tableau
Techniques for cleaning and preparing data in Tableau
Bar chart and heat maps
Creating and interpreting bar charts and heat maps
Hands on Activity Creating visualizations in Tableau

DAY 5

ADVANCED CHARTS AND DASHBOARDS DEMAND FORECASTING
Morning Session : Advanced Charts and Dashboards
Bar in bar graph and bullet graph visualization
Advanced visualization techniques
Hands on Activity Creating bar in bar and bullet graphs
Generating insights from social media data
Techniques and tools for social media analytics
Case Study Social media analytics in brand management
Dashboards
Designing and implementing interactive dashboards
Hands on Activity Creating dashboards in Power BI


Afternoon Session : Demand Forecasting
Regression analysis
Techniques and applications of regression analysis
Demand forecasting
Methods and tools for accurate demand forecasting
Demand forecasting smoothing methods
Techniques for smoothing and improving forecast accuracy
Case Study Demand forecasting in supply chain management

Group of business consultant working management big data and analyze financial document of company

 5850 USD

About this course:
Venues

London

Duration:

5 Days

Date

19th October 2024

Course Details Files:

Click to Check PDF

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